Protect SAIF and Reform PERS
This proposal that you would divert money from SAIF to pay for Oregon’s broken public employee retirement system is the worst idea yet.
SAIF’s mission is to protect Oregon’s injured workers, and the large share of Oregonians covered by this workers’ compensation system are employed by Oregon small businesses. Any move to undermine their protections by raiding SAIF’s reserves should be rejected out of hand, especially by a governor whose job it is to look out for all Oregonians, not just those who happen to work for government. Moreover, to the extent that SAIF has “reserves,” it’s important to understand this is not extra state cash. Rather, it's receipts from insurance premiums paid by Oregon employers, and to the extent there is any left over, it should go back to them.
If you want to fix Oregon’s Public Employee Retirement System – as you should – do it the right way. Ask state employees to contribute to their own pension funds, just as most private-sector workers, as well as public employees in 49 other states, do. That’s the right answer.
Connect your social media accounts to start sharing with friends.
Are you sure you want to unlink your account?
This post cannot be shared on Twitter as it exceeds the character limit.